On the Record · Scorpio Tankers
Scorpio Tankers acquisitions, on the record
The businesses Scorpio Tankers bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
STI TribecaWord for word“In March 2024, we sold the 2015 built MR vessel, STI Tribeca , for $39.1 million.” 20-F for 2023 | divestiture | March 2024 | $39.1 million |
STI Ville and STI AmberWord for word“During the year ended December 31, 2023, we closed on the sale of two MR vessels, STI Ville and STI Amber , in July 2023 and November 2023, respectively, for aggregate net proceeds of $64.6 million.” 20-F for 2023 | divestiture | in July 2023 and November 2023, respectively | aggregate net proceeds of $64.6 million |
Navig8 Product Tankers Inc.Word for word“Goodwill arising from our September 2017 acquisition of Navig8 Product Tankers Inc. has been allocated to the cash generating units within each of the respective operating segments that are expected to benefit from the synergies of this transaction (LR2s and LR1s).” 20-F for 2023 | acquisition | September 2017 | — |
Subsidiaries of Trafigura Maritime Logistics Pte. Ltd.Word for word“On September 26, 2019, we acquired subsidiaries of Trafigura Maritime Logistics Pte. Ltd.” 20-F for 2023 | acquisition | September 26, 2019 | — |
Minority interest in a portfolio of nine product tankers (50 % interest in a joint venture)Word for word“As part of this agreement, we acquired a 50 % interest in a joint venture that ultimately has a minority interest in the entities that own the vessels for final consideration of $ 6.7 million.” 20-F for 2023 | acquisition | — | $ 6.7 million |
11 MR product tankers and one LR2 product tanker (STI Lily)Word for word“During the year ended December 31, 2024, we closed on the sale of 11 MR product tankers ( STI Tribeca, STI Le Rocher, STI Larvotto, STI Manhattan, STI Garnet, STI Onyx, STI Ruby, STI Topaz, STI Beryl, STI San Antonio, STI Texas City) and one LR2 product tanker (STI Lily) for aggregate net proceeds of $479.8 million.” 20-F for 2024 | divestiture | During the year ended December 31, 2024 | $479.8 million |
two MR product tankersWord for word“During the year ended December 31, 2023, we sold two MR product tankers for aggregate net proceeds of $64.9 million which excludes $0.3 million of accrued and unpaid selling costs as of December 31, 2023.” 20-F for 2024 | divestiture | During the year ended December 31, 2023 | $64.9 million |
Read from Scorpio Tankers’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.